Reviewing the Rationale for Cross-Shareholdings and Considering Sales
First written in FY2019. 1 of 3 entries say "Advanced", first in FY2020. Latest entry: FY2025.
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- FY2025AchievedAnnual report
「At a meeting of the Board of Directors held on 1 April 2025, the Company resolved to sell all currently held cross-shareholdings during the first half of fiscal 2025, and sold all the shares on 28 May 2025.」
Regarding the policy of reviewing the rationality of and selling cross-shareholdings, the Company stated that it had sold all shares in 3 issues, excluding the unlisted shares it held, as of 28 May 2025. - FY2020AdvancedAnnual report
「For equity securities held for purposes other than pure investment, the Company annually verifies and deliberates at management meetings on the rationality of the purpose of holding them from the perspective of enhancing corporate value through business alliances and the maintenance and strengthening of business relationships. For holdings judged to have little significance, the Company considers selling them as appropriate, taking into account share prices and market trends, reports the details to the Board of Directors, and adopts resolutions on whether to continue holding or sell them.」
The Company continued its policy of annually reviewing the rationality of its cross-shareholdings and sold 1 issue of shares other than unlisted shares during the current fiscal year. - FY2019First statedAnnual report
「For equity securities held for purposes other than pure investment, the Company annually verifies and deliberates at management meetings on the rationality of the purpose of holding them from the perspective of enhancing corporate value through business alliances and the maintenance and strengthening of business relationships. For holdings judged to have little significance, the Company considers selling them as appropriate, taking into account share prices and market trends, reports the details to the Board of Directors, and adopts resolutions on whether to continue holding or sell them.」
For cross-shareholdings, the Company recorded for the first time the procedures of conducting an annual rationality review, considering sales, and having the Board of Directors decide whether to continue holding or sell the shares.